Additionally, the rising sustainability issues are projected to influence the market growth positively. Owing to
different government initiatives and protocols the market is eyeing to promote Nuclear Decommissioning
Services in the coming years. The ongoing research and developments is assisting various innovative
decommissioning technologies to allow well-organized disassembling of nuclear facilities. Moreover, for
enabling sustainable development, the government authorities are offering various incentives and support
schemes. This will allow systematic disassembling of nuclear plants.
Market is categorized on the grounds of reactor types, decommissioning strategy, capacity and geography. On
the grounds of the reactor types, the market is divided into boiling water reactor, gas-cooled reactor,
pressurized water reactor, etc. the pressurized water reactor type is expected to grow considerably in future
with the study of previous growth cycle. The rising PWR (Pressurized Water Reactor) demand due to easy-to-
use nature and stability is also expected to fuel up the market significantly.
On the grounds of decommissioning strategy, the market is divided into immediate strategy, deferred strategy
and entombment. The immediate dismantling strategy is expected to capture larger share in the Nuclear
Decommissioning Services market in the near future depending on decommissioning strategy. On the grounds
of capacity, the market is divided into Up to 800 MW, 801 MW–1,000 MW and Above 1,000 MW. On the basis
of decommissioning strategy, immediate disassembling is expected to account for the largest share in the
market by 2025.
Browse Full Research Report @
https://www.millioninsights.com/industry-reports/nuclear-decommissioning-services-market
The Nuclear Decommissioning Services Industry is examined on the basis of three regions North America, Europe
and Asia-Pacific. Europe is expected to hold maximum market share owing to the factors like strict regulations
to phase out nuclear plants and government commitment. Additionally, majority nuclear plants from North
America region are old and approaching the decommissioning phase, that will create large opportunities for
Nuclear Decommissioning Services Market.
Some of the key players in the Nuclear Decommissioning Services Industry are Studsvik AB, AECOM, Babcock
International Group PLC., Areva Group, and Westinghouse Electric, among others. All of these players are
targeting to penetrate the emerging economies and are also adopting different methods to grow their market
share.
Market Segment:
Nuclear Decommissioning Services Reactor Type Outlook (Revenue, USD Million, 2014 - 2025)
• Pressurized Water Reactor (PWR)